Feb 20, 2013 3:00am PST
the military and i wonder if those people standing behind them are from the pentagon. i don't want anybody to lose their job. but it is interesting that the comments did focus on the members of military. >> brian: $85 billion and $1.2 trillion in the next ten years and half of that money comes out the have the pentagon. i think republicans agreed with it but this is thrust postpone us. it was over a year we knew about at the questions terrify. why weren't we negotiating through december and then you have january and here we are couple weeks away and the president is going with this shame attack followed by speaker boehner, your solution to get us to raise taxes after we agreed to raise taxes. now, they say the rich have to pay their fair share again. maybe we should focus on facebook who paid no money in taxes last year or g.e. who did exactly the same thing. >> gretchen: it works last time. shaming the republicans worked. they decided to raise taxes and in the public image and public opinion it worked last time to blame reopens. why wouldn't you try it again? a lot of people say like a ca
Feb 20, 2013 10:00am PST
it is and the republicans is to walk a fine line here. they're concerned what happens to the pentagon under sequestration because it goes across the board, they can't kill one program, every department, every subset has to feel the pain and so they're cautious on this point, but really, when you talk to them and you get them to say. and give them a choice between what the president is pitching and done in an unpleasant way they'd still rather have the cuts. >> he talks about, stu, look, we can avoid the cuts if we come up with a balanced program and all i'm asking for from the republicans is reasonable tax reform. that's it. we'll close a couple of loopholes, only the rich will feel that and the republicans are so married to the rich that they can't even save the lives of human beings and the jobs of first responders because they're so opposed to tax reform and the journal has questions about his definition of tax reform. your thoughts on that. >> yes, he has changed what tax reform means. tax reform, to the republicans, up until the last election. tax reform was, lower tax rates. get rid of some deducti
Feb 20, 2013 12:00pm EST
of the c-span video library at c-span.org. live now to the pentagon for a briefing on civilian layoffs related to the pending sequester cuts happening next week. >> we have notified congress today about potential furlough. today with us we have our undersecretary, mr. robert hale and acting undersecretary jessica wright. here to address questions they do have some comments they would like to start with with respect to sequestration and the actual action that we took today with congress on furlough. then they will be available to take your questions. i will help them in getting your questions address. >> okay. well, good afternoon. today the department faces some the enormous budgetary uncertainty really imperiled in my experience. possibility of sequestration starting on march 1st. by the end of march could mean a 46 billion-dollar reduction in our total topline 9% in all of our accounts except military personnel including wartime accounts. we will protect the wartime operating accounts, but that means larger, disproportionate cuts in the base budget operation and maintenance accounts.
Feb 20, 2013 7:00am PST
is a sequester that goes into effect cutting $85 billion this year. the pentagon notifies congress today of its large-scale furlough plan should those cuts kick in. >>> let's head to wall street. cnbc's jackie deangelis is at the new york stock exchange. good morning. >> good morning, natalie. another day, another cyber attack. this time on apple. authorities believe that the hackers that targeted facebook last week used the same software to attack the mac computers of apple employees. all this, of course, coming on the heels of chrysler, jeep and burger king saying their twitter accounts were hacked. >>> meanwhile it isn't 1999 but investors are sure partying like it is, after nasdaq hit an all-time high. google its stock price topping $800 a share yesterday. natalie? >> all right. jackie at the new york stock exchange, thank you. >>> the vice president is generating some buzz after a facebook town hall chat with parents' magazine and a discussion focusing on joe biden's gun control efforts. he gave frank advice on self-defense. >> if you want to protect yourself, get a double barrel shotgun.